NOT LISTED FOR SALE

Estimated Value: $468,000 - $608,000

3 Beds
2.5 Baths
2,126 Sq Ft
$244/Sq Ft Est. Value

Last Sold September 15, 2022

Last sale price $422,000 $198 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,083/month

50 Days on Market

Highlights

  • Guest House
  • Outdoor Fireplace
  • Screened Porch
  • Deck
  • Corner Lot
  • Glass Enclosed

About This Home

As of September 2022

Peaceful family hideaway in Gingercake Acres! This perfect artists retreat offers 3 separate cabins on gorgeous grounds located on the edge of the Pisgah National Forest. A meandering stream runs through the outdoor space with tons of decking for gathering where relaxation and peaceful tranquility awaits. Oversized screened in porch, indoor and outdoor fireplaces, take a hot private shower outside, mature, beautiful landscape, relax in your hammock and listen to the sound of natural water providing the perfect atmosphere to rejuvenate your mind, body and soul. Original cottage with old creaky wood floors, redone kitchen with wormy chestnut cabinetry. The 2nd cabin has an entertaining area, bedroom and half bath. The 3rd cabin has a full bath and two bunks. Practical enough to host large gatherings without losing that quaint mountain feel. Truly a nature lovers mountain paradise! 20 min to Banner Elk, 35 min to Blowing Rock, 40 min to Boone and 30 min to Morganton.

Last Agent to Sell the Property

Shane Haffey

NorthGroup Real Estate LLC License #313832 Listed on: 06/18/2022

NorthGroup Real Estate LLC

Last Buyer's Agent

Bruce Hill

Realty One Group Results License #296158

Realty One Group Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,014

Year Built

  • Built in 1960

Lot Details

  • Corner Lot
  • Zoning described as R-3

HOA Fees

  • $69 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Cabin
  • Metal Roof
  • Wood Siding

Interior Spaces

  • Screened Porch
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Outdoor Shower
  • Deck
  • Glass Enclosed
  • Outdoor Fireplace

Additional Homes

  • Guest House

Utilities

  • Central Heating
  • Community Well
  • Septic Tank

Community Details

  • Gingercake Recreation Club Association
  • Gingercake Acres Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 9147

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,014

Year Built

Built in 1960

Lot Details

0

HOA Fees

$69 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin
  • Year Built: 1960
  • Ratio Current Price By Acre: 715254.24
  • Special Assessment Yn: 0
  • Second Living Quarters: Guest House
  • Road Surface Type: Gravel
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 198.49
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1328
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 230
  • Second Living Quarters Hla: 568
  • Porch: Deck,Enclosed Patio,Screened
  • Appliances: Dishwasher, Electric Oven, Electric Range, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 2126
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Exterior Features: Outdoor Fireplace, Outdoor Shower
  • New Construction: No
  • Roof: Shingle, Metal
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Waterfront Elevation: 3000
  • Construction Type: Wood Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 382
  • Parking Features: Carport - 1 Car, Driveway, Garage - 1 Car

Utilities

  • Heating: Central
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: In Kitchen
  • Water Source: Community Well

Condo/Co-op/Association

  • Association Fee: 825
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Gingercake Recreation Club
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required
  • HOA Email: gingercake.acres@gmail.com
  • CAR_YearlyHOAExpense: 825.00

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Area: 0.59
  • Lot Size Units: Acres
  • Parcel Number: 9147
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.80599

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2022
Closed on
Sep 12, 2022
Sold by
Clear Capital Investment Group Llc
Bought by
Weherley Steve and Weherley Diane
Seller's Agent
Shane Haffey
NorthGroup Real Estate LLC
Buyer's Agent
Bruce Hill
Realty One Group Results
List Price
$439,000
Sold Price
$422,000
Premium/Discount to List
-$17,000
-3.87%
Current Estimated Value
$519,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,042
Avg. Annual Appreciation
6.97%

Purchase Details

Closed on
Mar 3, 2022
Sold by
Shane Haffey
Bought by
Clear Capital Investment Group Llc

Purchase Details

Closed on
Feb 28, 2022
Sold by
Shane Haffey
Bought by
Clear Capital Investment Group Llc

Purchase Details

Listed on
May 31, 2021
Closed on
Jul 1, 2021
Sold by
Morrison Mauney Maxwell G and Morrison Mauney Cameron
Bought by
Haffey Shane and Haffey Tricia
Seller's Agent
Bobbie McCombs
McCombs & Hoke Real Estate
Buyer's Agent
Bobbie McCombs
McCombs & Hoke Real Estate
List Price
$395,000
Sold Price
$365,000
Premium/Discount to List
-$30,000
-7.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.77%
Original Mortgage
$227,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 12, 2019
Sold by
Morganton Savings Bank Ssb
Bought by
Morrison Mauney Maxwell G and Morrison Mauney Cameron S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.7%
Mortgage Type
Closed End Mortgage

Purchase Details

Closed on
Oct 24, 2017
Sold by
Hatcher Elizabeth M
Bought by
Mortganton Savings Bank Ssb
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Weherley Steve $422,000 --
Weherley Steve $422,000 None Listed On Document
Clear Capital Investment Group Llc -- None Listed On Document
Clear Capital Investment Group Llc -- None Listed On Document
Haffey Shane $365,000 Lion Title Insurance
Morrison Mauney Maxwell G $225,000 None Available
Mortganton Savings Bank Ssb $251,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Haffey Shane $227,000
Previous Owner Morrison Mauney Maxwell G $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2022 09/15/22 Sold $422,000 -3.9% $198 / Sq Ft
08/07/2022 08/07/22 Pending -- -- --
07/18/2022 07/18/22 For Sale $439,000 +4.0% $206 / Sq Ft
07/03/2022 07/03/22 Off Market $422,000 -- --
06/21/2022 06/21/22 Pending -- -- --
06/18/2022 06/18/22 For Sale $439,000 +20.3% $206 / Sq Ft
08/02/2021 08/02/21 Sold $365,000 -7.6% $234 / Sq Ft View Prior Sale
07/04/2021 07/04/21 Pending -- -- --
06/30/2021 06/30/21 For Sale $395,000 0.0% $254 / Sq Ft
06/07/2021 06/07/21 Pending -- -- --
05/31/2021 05/31/21 For Sale $395,000 -- $254 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,014 $423,422 $40,080 $383,342
2024 $3,031 $423,422 $40,080 $383,342
2023 $2,942 $410,632 $40,080 $370,552
2022 $2,100 $243,080 $30,810 $212,270
2021 $2,094 $243,080 $30,810 $212,270
2020 $2,090 $243,080 $30,810 $212,270
2019 $2,084 $242,451 $30,181 $212,270
2018 $1,961 $227,617 $30,181 $197,436
2017 $1,357 $155,102 $30,181 $124,921
2016 $1,329 $155,102 $30,181 $124,921
2015 $1,326 $155,102 $30,181 $124,921
2014 $1,325 $155,102 $30,181 $124,921
2013 $1,325 $155,102 $30,181 $124,921
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3870353

Canopy MLS (Canopy Realtor® Association)

APN: 9147